Rise On Broadway Inc
Rise On Broadway Inc. reported $0 revenue and assets in its latest filing, with its last active period in 2013 showing a small operational deficit.
EIN: 204571001 · Woonsocket, RI · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $33K |
| Program Spending | 75% |
| Net Assets | $27K |
| Transparency Score | 50/100 |
Is Rise On Broadway Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rise On Broadway Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rise On Broadway Inc
Rise On Broadway Inc (EIN: 204571001) is a nonprofit organization based in Woonsocket, RI, classified under NTEE code A65. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rise On Broadway Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rise On Broadway Inc is a micro nonprofit that has been operating for 20 years.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $33K |
| Surplus / Deficit | $-2,859 |
| Total Assets | $27K |
| Net Assets | $27K |
| Operating Margin | -9.6% |
| Months of Reserves | 9.8 months |
Financial Health Grade: B
In 2013, Rise On Broadway Inc reported a deficit of $3K with expenses exceeding revenue, holds 9.8 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rise On Broadway Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Rise On Broadway Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation was reported as 0% of expenses in the 2013 filing, indicating that no salaries were paid to officers, which is common for very small or volunteer-run organizations.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Rise On Broadway Inc's IRS 990 filings:
- Lack of recent financial data (latest revenue and assets are $0)
- Only one IRS 990 filing available, making current assessment impossible
- Reported a deficit in its only active filing period (2013 expenses exceeded revenue)
Strengths
The following positive indicators were identified for Rise On Broadway Inc:
- No officer compensation reported in 2013, suggesting volunteer leadership or efficient use of funds for a small organization
- No liabilities reported in 2013, indicating a debt-free status at that time
Frequently Asked Questions about Rise On Broadway Inc
Is Rise On Broadway Inc a legitimate charity?
Rise On Broadway Inc (EIN: 204571001) is a registered tax-exempt nonprofit based in Rhode Island. Our AI analysis gives it a Mission Score of 50/100. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Rise On Broadway Inc spend its money?
Rise On Broadway Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rise On Broadway Inc tax-deductible?
Rise On Broadway Inc is registered as a tax-exempt nonprofit (EIN: 204571001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rise On Broadway Inc's spending goes to programs?
Rise On Broadway Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rise On Broadway Inc compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Rise On Broadway Inc is near average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rise On Broadway Inc located?
Rise On Broadway Inc is headquartered in Woonsocket, Rhode Island and files with the IRS under EIN 204571001. It is classified under NTEE code A65.
Is Rise On Broadway Inc. still actively operating given its latest $0 revenue and assets?
The latest available data shows $0 in revenue and assets, which strongly suggests the organization may no longer be active or is in a dormant state. More recent filings would be needed to confirm its operational status.
What were the specific programs funded by Rise On Broadway Inc. in 2013?
The provided data does not detail the specific programs. A full review of the 2013 IRS 990 filing would be necessary to understand the nature of its program service accomplishments.
Why is there only one IRS 990 filing available for Rise On Broadway Inc.?
The limited filing history could indicate that the organization was short-lived, fell below filing thresholds in subsequent years, or ceased operations. Without further information, the reason is unclear.
Filing History
IRS 990 filing history for Rise On Broadway Inc showing financial trends over 1 year of public records:
In its most recent filing year (2013), Rise On Broadway Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $30K | $33K | $27K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rise On Broadway Inc:
Data Sources and Methodology
This transparency report for Rise On Broadway Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.